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RE: Crossing the 10K Steem Power Barrier
I hope you're right about the price of STEEM going up, and I hope the bidbots are gone for good. Or, at least, not dominant.
I hope you're right about the price of STEEM going up, and I hope the bidbots are gone for good. Or, at least, not dominant.
Bid bots are like telemarketers they won't go away they will evolve. But, they will be less dominate.
Steem will rise 80th place doesn't suit it. It's top 30 at least.
True about telemarketers. I hope you're right about STEEM. I can see the potential for a bounce back, but there's a lot of competition now. Some good coins in the top 100.
I agree there are a lot of good coins in the top 100. However, just like having too many good companies on a stock exchange, having too many good coins is going to be great. It was sort of embarassing when you couldn't get much past the top 20 without running into coins that had no history or information. It is becoming much harder to get into the top 100 now and this is good.
However, it could also mean bad news for Steem and I am certainly biased towards supporting Steem.
Sadly, since I got involved in Steem, I've had less time to study alts. So I just stick with coins that are at least 2 years old and usually 3 to 5 years old.
Yeah, good points. It should be hard to break into the top 100, and especially the top 20.